expenditure
This query is : Resolved
07 March 2010
if i am using car for business as well as personal use say 80% for business and 20% for personal use i am taking only 80% of depreciation as expenditure should i take other car expenses like driver salary, car maintainance also 80% ?
08 March 2010
What i suggest is that you could go through Rule 3 of Income Tax Rules, on Valuation of Perquisites and see if they can be of help.
To be on a safer side, it would be better if u take deduction of only 80% of other expenses.
To be on a safer side, it would be better if u take deduction of only 80% of other expenses.
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